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ADC - Agree Realty Share Price

$64.19 0.0  0.0%

Last Trade - 6:44pm

Sector
Financials
Size
Large Cap
Market Cap £2.94bn
Enterprise Value £3.77bn
Revenue £167.0m
Position in Universe 1526th / 6626
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -4.81%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -20.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
53.6 70.0 91.5 111.5 137.1 187.5 244.7 312.9 +28.5%
+4.5 +2.4 +2.0 +2.4 -3.3 +9.2 +2.03
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 30 September 2020, AgreeRealty Corporation revenues increased 31% to $177.2M. Netincome applicable to common stockholders increased 18% to$67.5M. Revenues reflect FFO per Share (Basic) increase of6% to $0.73, FFO per Share (Diluted) increase of 7% to$0.72, Other increase of 88% to $194K. Net income waspartially offset by Depreciation and amortization increaseof 44% to $47.1M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for ADC
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
ADC EPS Forecasts Unlock ADC Revenue
Profile Summary

Agree Realty Corp (Agree Realty) is an integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties. The Company operates through Agree Limited Partnership (the Operating Partnership). As of May 15, 2019, it owned and operates a portfolio of 703 properties, located in 46 states and containing approximately 12.3 million square feet of gross leasable space. The Company's business objective is to invest in and actively managing a diversified portfolio of retail properties net leased to industry tenants. Its community shopping centers include Capital Plaza, Frankfort; Central Michigan Commons, Mount Pleasant, and West Frankfort Plaza, West Frankfort.

Directors
Last Annual December 31st, 2019
Last Interim September 30th, 2020
Incorporated December 15, 1993
Public Since April 15, 1994
No. of Shareholders: 132
No. of Employees: 41
Sector Financials
Industry Residential & Commercial REITs
Index S&P 600 Small Cap , S&P Composite 1500 ,
Exchange New York Stock Exchange
Shares in Issue 63,021,483
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ADC Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for ADC
Upcoming Events for ADC
Thursday 18th February, 2021 Estimate
Q4 2020 Agree Realty Corp Earnings Release
Monday 19th April, 2021 Estimate
Q1 2021 Agree Realty Corp Earnings Release
Frequently Asked Questions for Agree Realty
What is the Agree Realty share price?

As of 6:44pm, shares in Agree Realty are trading at $64.19, giving the company a market capitalisation of £2.94bn. This share price information is delayed by 15 minutes.

How has the Agree Realty share price performed this year?

Shares in Agree Realty are currently trading at $64.19 and the price has moved by -13.52% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Agree Realty price has moved by -25.34% over the past year.

What are the analyst and broker recommendations for Agree Realty?

Of the analysts with advisory recommendations for Agree Realty, there are there are currently 7 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Agree Realty is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Agree Realty next release its financial results?

Agree Realty is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-09-30
What is the Agree Realty dividend yield?

The Agree Realty dividend yield is 4.58% based on the trailing twelve month period.

Does Agree Realty pay a dividend?

Last year, Agree Realty paid a total dividend of 2.94, and it currently has a trailing dividend yield of 4.58%. Looking ahead, shares in Agree Realty are due to go ex-dividend on 2021-01-28 and the next dividend pay date is 2021-02-12.

When does Agree Realty next pay dividends?

Agree Realty are due to go ex-dividend on 2021-01-28 and the next dividend pay date is 2021-02-12. The historic dividend yield on Agree Realty shares is currently 4.58%.

How do I buy Agree Realty shares?

To buy shares in Agree Realty you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Agree Realty?

Shares in Agree Realty are currently trading at $64.19, giving the company a market capitalisation of £2.94bn.

Where are Agree Realty shares listed? Where are Agree Realty shares listed?

Here are the trading details for Agree Realty:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: ADC
What kind of share is Agree Realty?

Based on an overall assessment of its quality, value and momentum, Agree Realty is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Agree Realty share price forecast 2021?

Shares in Agree Realty are currently priced at $64.19. At that level they are trading at 19.36% discount to the analyst consensus target price of 0.00.

Analysts covering Agree Realty currently have a consensus Earnings Per Share (EPS) forecast of 1.685 for the next financial year.

How can I tell whether the Agree Realty share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Agree Realty. Over the past six months, the relative strength of its shares against the market has been -13.39%. At the current price of $64.19, shares in Agree Realty are trading at -1.41% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Agree Realty PE Ratio?

The Agree Realty PE ratio based on its reported earnings over the past 12 months is 38.28. The shares are currently trading at $64.19.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Agree Realty?

Agree Realty's management team is headed by:

Richard Agree - CHM
Farris Kalil - IND
Joel Agree - PRE
Laith Hermiz - COO
Merrie Frankel - IND
Clayton Thelen - CFO
Craig Erlich - CIN
W. Gregory Lehmkuhl - IND
David Wolff - CAO
Danielle Spehar - GCN
Michael Hollman - IND
Karen Dearing - IND
Who are the major shareholders of Agree Realty?

Here are the top five shareholders of Agree Realty based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 12.74% (8.03m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 12.69% (8.00m shares)
Cohen & Steers Capital Management, Inc. Investment Advisor/Hedge Fund
Percentage owned: 8.39% (5.29m shares)
iShares Core S&P Small-Cap ETF Mutual Fund
Percentage owned: 5.64% (3.55m shares)
State Street Global Advisors (US) Investment Advisor/Hedge Fund
Percentage owned: 4.18% (2.64m shares)
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